Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : C$0.41 Billion

According to Macatawa Bank's latest financial reports the company has C$0.41 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Macatawa Bank - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.38 B	13.59%
2022-12-31	$C$0.33 B	3.55%
2021-12-31	$C$0.32 B	5.85%
2020-12-31	$C$0.30 B	7.67%
2019-12-31	$C$0.28 B	9.25%
2018-12-31	$C$0.25 B	19.54%
2017-12-31	$C$0.21 B	-0.25%
2016-12-31	$C$0.21 B	3.42%
2015-12-31	$C$0.21 B	27.47%
2014-12-31	$C$0.16 B	17.24%
2013-12-31	$C$0.14 B	8.7%
2012-12-31	$C$0.12 B	35.11%
2011-12-31	$C$96.05 M	41.64%
2010-12-31	$C$67.81 M	-26.75%
2009-12-31	$C$92.58 M	-48.97%
2008-12-31	$C$0.18 B	13.22%
2007-12-31	$C$0.16 B	-12.25%
2006-12-31	$C$0.18 B	10.66%
2005-12-31	$C$0.16 B	6.45%
2004-12-31	$C$0.15 B	-1.96%
2003-12-31	$C$0.15 B	-12.16%
2002-12-31	$C$0.18 B	69.92%
2001-12-31	$C$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	C$0.63 B	54.41%	🇺🇸 USA
Mercantile Bank MBWM	C$0.81 B	99.10%	🇺🇸 USA
First Busey BUSE	C$1.96 B	378.84%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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